WMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: SunX against Bybit+0.130%46s7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1941.939% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.130%, 7d avg −0.052%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.182% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.052%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WMTUSDT	107.76	0	get 0.0000% / 8h	3h 13m	$119K	$12K	50x
Short	SunX WMT-USDT	107.90	0.0100	get 0.0100% / 8h	3h 13m	$1K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now +0.130%Rate

Funding earned: $21
Price spread: +0.130% → −0.052%: $18.18
Slippage, 4 orders: −$174.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$154.71
Costs to cover: 1.939%
Break-even: 58.6 days

Slippage from Bybit: live order book, 21 min ago; SunX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 21 min ago	9.28 bp	28.6 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	45.90 bp	64.3 bp −$64	doesn't fit	doesn't fit	doesn't fit

WMT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WMTUSDT	0.0000%	8h	107.80	+0.037%	$4K	$76	20x	as long as short
Extended WMT-USD	0.0000%	1h	107.89	+0.119%	$23K	$115K	10x	as long as short
Binance WMTUSDT	0.0000%	8h	107.86	+0.094%	$1.6M	$1.1M	20x	as long as short
Bybit WMTUSDTlong	0.0000%	8h	107.76	long leg	$119K	$12K	50x
OKX WMT-USDT-SWAP	0.0000%	8h	107.87	+0.102%	$81K	$33K	20x	as long as short
Gate WMT_USDT	0.0000%	8h	107.82	+0.056%	$816K	$27K	25x	as long as short
Bitget WMTUSDT	0.0000%	8h	107.87	+0.102%	$542K	$93K	50x	as long as short
Variational Omni WMT	0.0000%	8h	107.89	+0.122%	$61K	$76K	—	as long as short
GRVT WMT_USDT_Perp	0.0000%	8h	107.89	+0.121%	$765	$132K	10x	as long as short
HTX WMT-USDT	0.0000%	8h	108.32	+0.520%	$5K	$351K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WMT-USD	+0.0008%	1h	107.89	+0.121%	$1.1M	$2.6M	10x	as long as short
Injective WMT/USDC PERP	+0.0033%	1h	106.82	−0.872%	$3K	$26K	12x	as long as short
KuCoin WMTUSDTM	+0.0100%	8h	107.78	+0.019%	$34K	$599K	20x	as long as short
SunX WMT-USDTshort	+0.0100%	8h	107.90	+0.130%	$1K	$2.9M	10x
edgeX WMTUSDC	+0.0808%	4h	107.89	+0.120%	$15K	$256K	10x	as long as short